The Marijuana Policy Group, LLC (MPG) was formed in 2014 as a collaborative effort between researchers from the University of Colorado Boulder Business Research Division and BBC Research & Consulting in Denver. Researchers from these entities have offered custom economic, market, financial and policy research and consulting services for over 40 years.
The MPG is a separate, non-affiliated entity dedicated to new market policy and analysis. The MPG mission is to apply research methods rooted in economic theory and statistical applications to inform regulatory policy decisions in the rapidly growing legal medical and recreational marijuana markets.
Mr. Orens, a founding partner of MPG, has 10 years of experience in economic and policy consulting. His areas of expertise include public finance, market analysis, and regional economic analysis. Mr. Orens has completed numerous studies that analyze the relationships between markets, demographics, and government policy. Adam received his undergraduate degree in Economics from Rutgers University and has a master's degree in Agricultural and Resource Economics from Colorado State University. Adam's research related to the emerging marijuana market has been recognized by the New York Times, 60 Minutes, The Washington Post, The Wall Street Journal, and the Huffington Post. His recent studies in Colorado, Alaska, Illinois, Maryland, Vermont and other states have examined many facets of medical and recreational marijuana markets, including providing estimates of annual marijuana consumption by residents, tourists and patients; production management methods; and market supply channels.
Miles Light is a Ph.D. economist from the University of Colorado at Boulder. Dr. Light was the lead author (together with Mr. Orens) for the Colorado Market Size and Demand Study in 2014 and developed the first ever "Marijuana Impact Model". Over the past 14 years, Dr. Light has been providing quantitative economic and policy analysis to high-level clients worldwide. He develops computable general equilibrium models to answer highly-challenging economic questions related to national tax policy, international trade assessment, natural hazard economic assessments and environmental policy. Dr. Light's clients include the World Bank, the Inter-American Development bank, Finance Ministries for the countries of Barbados, U.A.E., Mongolia, Armenia, Vietnam, Colombia, Jamaica, Kyrgyzstan, and Uzbekistan. His domestic clients include the US Department of Homeland Security, US Army Corps of Engineers, Bureau of Reclamation, and various state governments. Recently, Dr. Light has begun providing fact-based assessments to policymakers and businesses operating in the field of legal marijuana.
Mr. Rowberry has extensive experience in developing custom analyses and reports for public and private sector clients in the marijuana industry. Recently, Mr. Rowberry has constructed a series of detailed financial models that provide clients with meaningful insight into local medical and retail marijuana markets. He has a B.A. in Economics from the University of Colorado at Boulder and a Master's degree in Public Policy from the University of Michigan.
Mr. Fortin is a Ph.D. candidate in Economics at Pantheon-Sorbonne University (Paris 1), where his dissertation focuses on the diverging evolution of the cannabis markets across Europe and the United States. He has lectured at numerous conferences worldwide, and University of Padua engaged him to develop lectures on the economics of medical cannabis within the first European certification program for doctors, psychologists and health operators. Mr. Fortin holds a Master degree in Economics (Copenhagen Business School), and a Bachelor of Business Administration (Ca Foscari University of Venice).
Dr. Jensen is our north European affiliate, working from Copenhagen, Denmark
Benhur is a research associate at the MPG, holding a Finance degree from the University of Colorado, Denver.
Mr. Saloga is a Ph.D. candidate in Policy Analysis at the Pardee RAND Graduate School (PRGS), where his dissertation focuses on the market impacts of marijuana policy. While working as an assistant policy analyst at the RAND Corporation, Mr. Saloga collaborated on projects for the World Bank and USAID, and the National Institutes of Drug Abuse. He recently helped write a section on marijuana legalization for the United Nation's 2016 World Drug Report, and has presented his research at multiple international conferences. Mr. Saloga holds Masters degrees in Policy Analysis (PRGS) and Economics (Wichita State University), and a Bachelors of Science in Business Administration (Kansas State University).
Mr. Crimmins is an economic research analyst. In addition to research in marijuana policy modeling, recent work includes model analysis for tax policy and international trade. A recent graduate from the University of Colorado at Boulder, Mr. Crimmins studied Economics specializing in simulation modeling and quantitative analysis.
Mr. Pickton has published and spoken on a range of economic topics, including resource development strategies and the influence of state and local regulations on private capital investments. Mr. Pickton has successfully managed economic and finance-oriented studies for state and local government agencies. His expertise includes measuring customer satisfaction, demand forecasting, and long-term supply plan development.